Property Description:

PREP’S PIZZA SOLD!

After 48 consecutive years in the pizza business on the Ocean City Boardwalk, the iconic Prep’s Pizzeria and Ice Cream & Waffle Dairy Bar is being offered for sale.

The original owners of Preps Pizza have decided to move in a different direction, and now this Ocean City Boardwalk Legendary Landmark is looking for a new owner. Tremendous opportunity to own an established Ocean City Boardwalk Business with a loyal customer following.

Ideally located right in front of Castaway Cove Amusement Park, a top Boardwalk destination with extreme high volume traffic. This outstanding opportunity positioned in the heart-center of the Ocean City Boardwalk will last only for only a very short while, as demand for pizza & ice cream locations on the Boardwalk is extraordinarily high!

There was about $250,000 worth of capital improvements and investments recently made to the business and its location. Exclusive Business only sale is strictly a Business Asset Purchase for all Fixtures, Furnishings, Equipment, and Business Name & Goodwill, plus the rights to an extremely attractive assignable Boardwalk lease. Interested buyers will be required to pay for the lease upfront, and the lease assumption will be included in the total contract transaction price.

Location features an incredible 30 ft of Boardwalk Front Footage & has interior seating for 87+ plus customers, plus a huge Ice Cream Dairy Bar. Location also comes with additional storage, and office space in the rear, as well as two boardwalk parking spots.

THIS RARE “ONCE-IN-A-LIFE TIME” OPPORTUNITY TO AQUIRE A LANDMARK OCEANCITY BOARDWALK BUSINESS LIKE THIS ONE WILL BE GONE FAST!

Qualified Serious Cash Buyers Only.
Confidentiality NDA required to Engage the Seller.
Letter Of Intent Required For Seller’s Consideration.

Closed Commercial Sales Transaction was for $165,000 towards FF&E and $145,000 towards an assumable existing lease agreement. (Seller’s concession $12,000 towards lease payment.)

CALL (609) 412-5547 FOR MORE  INFORMATION.